Comparative balance sheets for 2018 and 2017, a statement of income for 2018, and additional information from the accounting records of Red, Inc., are provided below.

RED, INC. Comparative Balance Sheets December 31, 2018 and 2017 ($ in millions)
	2018				2017
Assets
Cash	$	39			$	95
Accounts receivable		228				147
Prepaid insurance		10				5
Inventory		240				201
Buildings and equipment		430				375
Less: Accumulated depreciation		(134	)			(255	)
	$	813			$	568
Liabilities
Accounts payable	$	102			$	130
Accrued expenses payable		9				18
Notes payable		65				0
Bonds payable		169				0
Shareholders Equity
Common stock		415				415
Retained earnings		53				5
	$	813			$	568

RED, INC. Statement of Income For Year Ended December 31, 2018
($ in millions)
Revenues
Sales revenue				$	2,150
Expenses
Cost of goods sold	$	1,445
Depreciation expense		32
Operating expenses		560			2,037
Net income				$	113

Additional information from the accounting records:

1. During 2018, $235 million of equipment was purchased to replace $180 million of equipment (85% depreciated) sold at book value.
2. In order to maintain the usual policy of paying cash dividends of $65 million, it was necessary for Red to borrow $65 million from its bank.

Required: Prepare the statement of cash flows of Red, Inc., using the direct method to report operating activities. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)